strategic part2
Discuss the nature and use of corporate governance in international settings, especially in Germany, Japan, and China.
Define corporate governance and explain why it is used to monitor and control top-level managers’ decisions.
Discuss the types of compensation top-level managers receive and their effects on managerial decisions.
Explain the use of three internal governance mechanisms to monitor and control managers’ decisions
Describe how corporate governance fosters ethical decisions by a firm’s top-level managers.
Discuss the value of strategic leadership in determining the firm’s strategic direction.
Define strategic leadership and describe top-level managers’ importance.
Explain what must be done for a firm to sustain an effective culture.
Discuss the importance and use of organizational controls.
Describe the managerial succession process using internal and external managerial labor markets.
Explain what top management teams are and how they affect firm performance.
Describe the importance of strategic leaders in managing the firm’s resources.
Describe what strategic leaders can do to establish and emphasize ethical practices.
Please post your discussion posts in 100-200 words or more, providing citations where appropriate.
Solution Preview
1. There has been little stress on shareholder worth in U.S. companies. However, this may be different since German organizations are moving from the U.S. governance mechanisms. Germany has a Two-tiered Board, Vorstand which is In charge of the roles of directors and management. Aufsichtsrat which is in charge of selecting members to the Vorstand. Then the Union members Stakeholders In control of choosing members to the Aufsichtsrat. In Japan contrary, there is a substantial government intervention with a close relationship among the companies and the government’s sector.
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